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Sunil Mittal bids for bankrupt satellite company OneWeb supported by UK govt
2020-06-30 02:00:00| Total Telecom industry news
OneWeb, a UK-based low-Earth orbit (LEO) satellite company, has found itself under financial strain since its inception back in 2012. Despite backers including SoftBank, Airbus and Qualcomm, the satellite company has struggled to obtain financing, resulting in a slew of debts that now top $3.3 billion. The company filed for bankruptcy in March this year citing financial strain caused by the pandemic…read more on TotalTele.com »
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Category:Telecommunications
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5G could boost UK economy by GBP 158 billion by 2030 - study
2020-06-29 11:17:00| Telecompaper Headlines
(Telecompaper) Upgrading the UK's mobile infrastructure to 5G could be worth up to GBP 158 billion to the economy over the next 10 years, according to a new report from WPI Economics for Vodafone UK.
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economy
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Category: Telecommunications
Telenet starts talks with Fluvius on FTTH cooperation in Flanders
2020-06-29 10:00:00| Telecompaper Headlines
(Telecompaper) Belgian cable operator Telenet has started talks with the energy group Fluvius on working together to roll out FTTH in Flanders. Fluvius already started its own initiative in several cities to build a fibre network, while Telenet has upgraded its cable network to Docsis 3.1 with gigabit speeds. The companies said they expect the negotiations to last until 2021 and will not make any further statements until then.
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Category: Telecommunications